Faster global financial news!
QCP Head of Trading: Tether: Increasing holdings of physical gold may be part of an asset diversification strategy; Bitcoin: Can coexist with gold
Svmuu News: According to QCP, its Head of Trading, Ivan Lee, stated in an interview with Money FM 89.3 that as gold strengthens, crypto assets are also being incorporated into broader macroeconomic discussions. He noted that the term “digital gold” for Bitcoinemphasizes its scarcity rather than replacing gold’s role in the global reserve system.Ivan Lee stated that gold remains a globally accepted reserve asset and can provide diversification support for crypto-related balance sheets. At the same time, Bitcoins and gold exhibit differing performance under various macroeconomic conditions; their trends do not fully align during safe-haven environments or periods of liquidity expansion, but the two can coexist within an investment portfolio.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source：Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Samsung's Rainbow Robotics halts US robot shipments due to new American restrictions, plans to seek approval and US production
-
2
Posco International acquires US shale gas asset for $550 million
-
3
New Zealand's sovereign wealth fund has achieved a 14.2% annual return, ranking first globally, but its CEO warns that high returns in US equities are unsustainable.
-
4
Bitcoin corporate treasuries bought just 5.9K BTC in three months as holdings remained at unrealized loss
-
5
Ethereum founder Vitalik Buterin tweeted a comment on the ancient Chinese philosopher Mozi, calling his thought "proto d/acc."
-
6
Ethereum founder Vitalik Buterin: Qwen 3.8 Flash model's performance is impressive, local models are expected to handle a large number of tasks
-
7
AI boom tightens MLCC supply, giving Samsung Electro-Mechanics pricing power as it begins raising prices
-
8
Lookonchain monitoring shows Garrett Jin, the largest on-chain ZEC short, is now down over $26M, holding a $51.5M short position with a liquidation price of $2,631.53.
-
9
Microsoft AI Head Warns: Uncontrolled AI Could Lead to "Silicon Species" Competing with Humans, Criticizes Anthropic's Approach to AI
-
10
Japan's central bank interest rate hike probability for Sept. 17-18 meeting surges to nearly 100% after U.S. Treasury's July 31 yen intervention
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
